Newsclip®: [Business] Spotify makes 90% of its revenues from 30% of its users — Quartz

"Taylor Swift and other musicians criticizing Spotify's free tier may have a point. According to a new company financial filing in Luxembourg found today by Music Business Worldwide, Spotify made a record $2.18 billion in revenue in 2015, up from $1.3 billion the previous year. But 89.9% of that figure came from the company's subscription platform (also known as Spotify Premium, charging most...",

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